Versions of this question have been answered before, but I wanted to check for 2021 - as laws do change.
My 12-year-old child received a 1099-MISC for 2021 listing "Other Income" in box 3 as $665.00 (from participating in research studies). No federal income tax was withheld.
1) Do I have to report this on my tax return (where I claim the child as dependent)?
2) Does my child have to file a tax return - Fed OR State?
My current understanding is that 1) we do not include this in OUR return and 2) my child does not have to file either Fed or State returns (our state is PA). Please confirm that this still holds for 2021.
Thank you all for your help and insights.
